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New
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$350,000

For Sale

A day ago

MLS® 2490543

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $2,022
Days Active 1
Lot Size 0.39 acres
Approx. Age 
MLS® Number 2490543

Property Address: 5870 Portal Way, Ferndale, WA, 98248-9338

Average square foot calculated using Size range provided by listing agent.

Description

Prime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16, 988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndale’s Residential Multifamily High (RMH) zone, allowing 15 or more units per acre and building heights up to 55 feet. The site features a functional, buildable footprint with approximately 78 feet of frontage and 247 feet of depth, providing flexibility for a well-designed multifamily project. Conceptual planning supports a three-story apartment development in the 9 to 10 unit range, totaling approximately 12, 000 square feet, with parking in the range of 16 to 20 stalls achievable through an efficient site layout. This property is well suited for developers seeking a high-density infill opportunity with a clear path to development and flexibility in design, including townhomes, small-scale multifamily, or a hybrid concept. With minimal excess land and a layout that naturally supports development, this is a strong opportunity for builders targeting a clean, efficient, and profitable project. Buyer to verify all development potential, density, parking, and design requirements with the City of Ferndale.
MLS® Number2490543
Laundry Level
Central VacNo
FireplaceNo
Acreage0.39
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
5870 Portal Way, Ferndale, WA

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